INTEL CORP (INTC) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 26, 2015

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Exhibit 99.1

Intel Corporation
2200 Mission College Blvd.
Santa Clara, CA 95054-1549
News Release


Intel Reports Third-Quarter Revenue of $14.5 Billion, Net Income of $3.1 Billion

News Highlights:
Quarterly revenue of $14.5 billion, above the midpoint of outlook; gross margin of 63 percent, consistent with outlook
Quarterly revenue approximately flat year-over-year, with growth in the data center, Internet of things (IoT) and non-volatile memory businesses offsetting lower client revenue
Results show customer enthusiasm for 6th Gen Intel® Core processors

SANTA CLARA, Calif., October 13, 2015 -- Intel Corporation today reported third-quarter revenue of $14.5 billion, operating income of $4.2 billion, net income of $3.1 billion and EPS of 64 cents. The company generated approximately $5.7 billion in cash from operations, paid dividends of $1.1 billion, and used $1.0 billion to repurchase 36 million shares of stock.

“We executed well in the third quarter and delivered solid results in a challenging economic environment,” said Brian Krzanich, Intel CEO. “The quarter demonstrates Intel innovation in action. Customers are excited about our new 6th Gen Intel Core processor, and we introduced our breakthrough 3D XPoint technology, the industry’s first new memory category in more than two decades."

Q3 Key Business Unit Trends
Client Computing Group revenue of $8.5 billion, up 13 percent sequentially and down 7 percent year-over-year
Data Center Group revenue of $4.1 billion, up 8 percent sequentially and up 12 percent year-over-year    
Internet of Things Group revenue of $581 million, up 4 percent sequentially and up 10 percent year-over-year
Software and services operating segments revenue of $556 million, up 4 percent sequentially and flat year-over-year








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The following information was filed by INTEL CORP on Tuesday, October 13, 2015 as an 8K 2.02 statement, which is a press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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  • Form Type: Annual
  • Number of times amended: 0
  • Accession Number: 0000050863-16-000105
  • Submitted to the SEC: Friday, February 12, 2016
  • Accepted by the SEC: Friday, February 12, 2016
  • Period Ending: December 2015
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